W3i Software: $1.5 Million Raised From Hoskinson Family Office
Summary
Hoskinson Family Office (HFO) announced it has invested $1.5 million in W3i Software, the development company behind USDMCardanos first MiCA-compliant, fiat-backed stablecoin. This investment is a major step toward bridging decentralized finance (DeFi) with the regulated financial system and accelerating Cardanos global adoption.USDM (issued by Moneta Digital) is one of the only stablecoins designed to meet the strict regulatory standards of the EUs Markets in Crypto-Assets (MiCA) framework. And by delivering a stable, transparent, and fully compliant digital dollar to Cardano, USDM opens new opportunities for builders, institutions, and governments seeking secure, on-chain financial solutions.In connection with the investment, Dan Singleman, Chief Investment Officer of HFO, will work alongside W3i CEO Jillian Plomin and the leadership team to drive the adoption of USDM across traditional banking and government systems worldwide. W3i and Moneta Digital have built a stablecoin that meets the highest regulatory standards, and now were focused on driving institutional adoption across banks, governments, and financial markets. With the Hoskinson Family Office onboard and our community alongside us, USDM is poised to lead the future of finance.